Looking to balance out your exposure to LEVI? The ETFs below have the lowest correlation with LEVI — they tend to move on their own, which can help reduce risk when LEVI drops. The stock ideas table highlights individual companies that behave independently from LEVI.
Best Diversifiers for LEVI
0 ETFs have low correlation with LEVI (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.33, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.33 | 0.41 | 0.50 | 85 | Dividend | LEVI vs SCHD | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.35 | 0.38 | — | 76 | Nasdaq-100, Derivative Income | LEVI vs JEPQ | |
| Vanguard S&P 500 ETF | 0.41 | 0.45 | 0.53 | 74 | S&P 500 | LEVI vs VOO | |
| State Street SPDR S&P 500 ETF | 0.41 | 0.45 | 0.53 | 74 | S&P 500 | LEVI vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LEVI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LEVI and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of 0.01, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | 0.02 | 0.18 | 0.26 | 74 | Energy | |
| Datadog, Inc. | 0.06 | 0.18 | 0.28 | 80 | Technology | |
| Nebius Group N.V. | 0.12 | — | — | 97 | Communication Services | |
| Cisco Systems, Inc. | 0.12 | 0.21 | 0.33 | 96 | Technology | |
| MSCI Inc. | 0.13 | 0.24 | 0.35 | 53 | Financial Services |
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